New Zealand’s annual net migration rose to a record in August, exceeding Treasury’s forecasts, and spurred by more migrant arrivals and the ongoing decline of Kiwis leaving for Australia. The country gained a net 43,500 migrants in the year ended Aug. 31, the highest ever gain, according to Statistics New Zealand. Annual arrivals reached a new high of 103,900, while …

New Zealand exporter of biogas technology Greenlane Biogas has been sold to a listed UK company for $25 million. Pressure Technologies said it had bought the business and certain assets of the New Zealand company, which is a global developer and supplier of patented technology for upgrading raw biogas into high purity bio-methane. The deal takes effect from Oct. 1 …

The New Zealand dollar advanced as investors bet on stability ahead of the general election tomorrow and as weaker US data weighed on the greenback. The kiwi rose to 81.43 US cents at 8am in Wellington, from 81.06 cents at 5pm yesterday. The trade-weighted index advanced to 78.48 from 78.28 yesterday. New Zealand holds its general election tomorrow, with Radio New Zealand’s …